What’s happening in the market?
Bordeaux has led trade since last Friday, accounting for 47.0% of total trade by value. The region’s share is buoyed by the 2017 vintages of Château Montrose and Château Palmer trading.
The Rhône has seen a big surge over the weekend, holding 7.4% of total trade since last Friday, bolstered by six vintages of Château Rayas changing hands. Tuscany also came in strong with 10.4% of total trade by value, Argiano, Brunello di Montalcino 2018 still riding the wave of its critical acclaim in December 2023.
This success came at the success of Champagne’s trade share, which dipped to just 2.3% of the total, and of the United States, which account for 2.7% of total trade since last Friday.
Today’s deep-dive: Domaine William Fèvre 2022 pricing analysis
Last week, famed Chablis producer Domaine William Fèvre released its 2022 vintage.
This is the first release under the ownership of Domaines Baron de Rothschild Lafite. It also marks one of the first major releases of the Burgundy 2022 En Primeur campaign.
Across the Domaine’s Grand Crus, release prices are trending upwards in comparison to back vintages on the market. Domaine William Fèvre, Chablis Grand Cru, Les Clos 2022, for example, was released at £1,336 per 12×75, as shown below.
The new release comes at a premium to the last eight on the market and with one of the lowest Neal Martin scores of recent years.
The wine’s 2018 vintage stands out as a potential opportunity for buyers, with a Market Price of £900 per case, 32.6% down on the 2022. The 2019, with a 95-point score from Neal Martin, also looks attractive with a Market Price of £1,080 per case.
Log in to the exchange to view LIVE offers on William Fèvre Les Clos Grand Cru.
Over on the Premier Cru side of things, price increases also seem to be the word. Domaine William Fèvre, Chablis Premier Cru, Montée de Tonnerre 2022 was released internationally at £696 per case, making it the most expensive recent vintage on the market.
Buyers looking for value may want to consider the 2020 vintage, which has a Market Price of £530 per case, 23.9% below the 2022’s release price.
The Domaine’s Premier Cru Vaillons 2022 was released at £508 per case, up 8.7% on the 2021’s Market Price of £466 per 12×75 and up 30.7% on the 2020 vintage, which has a Market Price of £352 per case.
Will these price increases be representative of Burgundy 2022? Having been lauded by many as the best vintage in recent years, it is a strong possibility – but time will tell.
There are 31 LIVE bids and offers for Domaine William Fèvre wines on Liv-ex. Log in to the exchange to view them and trade.
In case you missed it
Here’s what we’ve been reading:
- Liv-ex: Bordeaux regains market share with 45.0%
- Harpers: Liv-ex 100 closes 2023 down 14.1%
- Financial Times: Oil drops sharply as Saudi price cuts overshadow Middle East tensions
Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 620+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £100m of bids and offers across 20,000 wines.
